Svilen Rangelov

Bulgaria's Dronamics Receives EUR 10 Million Boost from European Innovation Council Fund

In an exciting development for the Bulgarian company Dronamics, the European Innovation Council (EIC) has allocated an additional EUR 10 million under its EIC Fund for deep tech companies. This substantial investment follows a previous grant awarded to the drone manufacturer in 2022, as announced by Dronamics co-founder and CEO Svilen Rangelov during a recent online press conference.

Bulgaria's Dronamics Joins EU Taskforce for Global Mobility Innovation

Dronamics, the Bulgarian pioneering cargo drone airline with a European operating license, proudly announced its participation in the EU Future Mobility Taskforce, a collaborative effort aimed at advising the European Union's leadership on global transport innovation.

The Bulgarian company Dronamics showed the First Flight of their Cargo Drone

Dronamics, the company founded by brothers Svilen Rangelov and Konstantin Rangelov, announced that it had made the first successful flight of its cargo drone. The test was conducted at an airport near Balchik and the "Black Swan" drone was in the air for just over 10 minutes under remote control by two pilots from the ground.

Wired: Bulgaria's First New Plane in Decades is a Freakishly Strong Drone

MOVING STUFF BY air may be quick and convenient, but it's also horridly expensive, accounting for just 1 percent of global shipping by volume—and 35 percent of it by cost. So while autonomous drones dropping a few pounds of snacks or medical supplies are generating plenty of buzz, two Bulgarian brothers see an opening in the long-haul business.